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    2966 E 55Th St Cleveland, OH 44127

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    For Lease
    $7 SF/Yr

    Class A industrial complex near Opportunity Corridor, divisible to 50,000 SF.

    Property size:
    181,945 SF
    Lot size:
    10.85 Acres

    Property Features for 2966 E 55Th St

    General Information

    Size
    181,945 SF
    Lot size
    10.85 Acres

    Source: Cresco Real Estate | Cleveland Agent George J. Pofok, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Cube Class A Industrial Complex

    This high-cube, Class A industrial complex is located on E. 55th Street at the Opportunity Corridor. The property is divisible to 50,000 square feet within the total 181,945 square feet. It is located within minutes of I-490 and I-77, and 10 minutes from Downtown Cleveland and University Circle. The location is within an 8-hour drive to Columbus, Chicago, Indianapolis, New York, Toronto, and Louisville. The property includes 141 car parking spaces, with land available for trailer parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kenyon Storage Units

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.652038
    Latitude
    41.477626

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    FAQs

    What type of property is this?
    Warehouse - Class A industrial complex near Opportunity Corridor, divisible to 50,000 SF.
    Where is this warehouse located?
    The property is located at 2966 E 55Th St Cleveland, OH.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - High-Cube “Class A” Industrial Complex divisible to 50,000 SF; - Strategic location on E. 55th at the Opportunity Corridor; - Excellent highway access: Minutes from I-490 and I-77
    (216) 520-1200
    Request Owner's contact information
    2966 E 55Th St Cleveland, OH 44127
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    Cleveland, OH 44127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2966 E 55Th St Cleveland, OH 44127
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